Litigation Funding Amount definition

Litigation Funding Amount means the cash amount of $1,000,000 to be advanced by SFC to the Litigation Trustee for purposes of funding the Litigation Trust on the Plan Implementation Date in accordance with section 6.4(o) hereof.
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Litigation Funding Amount means a cash amount to be contributed by SFC to the Litigation Trustee for purposes of funding the Litigation Trust on the Plan Implementation Date in accordance with section 6.4(p) hereof.
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Litigation Funding Amount means an amount in cash, to be agreed upon by the Supporting Parties on or before the Effective Date, or by the Supporting Lenders, the Litigation Trustee and the Litigation Trust Oversight Board after the Effective Date, to be provided by the Supporting Lenders to prosecute the Specified Causes of Action to the extent they are not resolved as of the Effective Date.
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Examples of Litigation Funding Amount in a sentence

  • Upon termination of the Litigation Trust pursuant to subsection (ii) hereof, any and all remaining portion of the Litigation Funding Amount shall be paid to Newco in cash by wire, check, or such other method as agreed to by the Litigation Trustee and Newco.

  • Any and all proceeds, income and/or recoveries obtained on account of or from the Litigation Trust Assets shall be added to the assets of the Litigation Trust (the “Litigation Trust Proceeds”, which, for greater certainty, shall not include the Litigation Funding Amount), held as a part thereof and dealt with in accordance with the terms of this Agreement.

  • Litigation Proceeds will be allocated as follows: • First, to repay any litigation expenses in excess of the Litigation Funding Amount, and then as follows below.